Turkey ETF: It’ll Take a While to Recover
This article was originally published on ETFTrends.com.
As has been widely reported, the iShares MSCI Turkey ETF (NasdaqGM: TUR) is one of this year’s worst-performing emerging markets exchange traded funds. TUR, the lone US-listed ETF dedicated to Turkish equities, is down more than 26% over the past month as Turkey’s lira continues sliding and monetary policy responses aimed at stemming the currency’s [...]